Other states — most notably Florida — have limited their yacht taxes and Davis said that means Texas is losing out on sales and service.

Davis’ bill initially would have limited the the amount of boat tax to $15,625 — the amount normally due on a $250,000 vessel — regardless of sales price. He changed that to match Florida’s $18,000 maximum.

The bill next goes to the full House, where Davis said he’s optimistic about its chances.